Subject: Private land ownership is a little overrated
From: "Bloomberg View" <[email-masked]>
To: <[email-masked]>
Date: Thu, 28 Dec 2017 05:02:06 -0500 (EST)

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}A daily digest of opinions and analysisMust-Reads of 2017: Getting Serious About LandCould a new approach to real estate alleviate the housing crisis in America? It's possible — just look at Singapore, where the government owns 90 percent of the land. Justin Fox explains why the 2017 book "Rethinking the Economics of Land and Housing," has altered his economic perceptions. (Relatedly, Noah Smith examines why the rent for America's poorest really is too darn high.)Chinese Populism Lives in This Video-Sharing AppKuaishou is the place to go for clips of men shoving firecrackers down their pants. Chinese intellectuals hate it. Investors love it. And as Adam Minter explains, you shouldn't underestimate it. Echoes of a '90s Controversy Roll Across Capitol HillRemember when lawmakers used taxpayers' money to cover bounced checks? Now the scandal is secret harassment settlements — and the consequences could be the same. Stephen Mihm explains why, if history is any guide, this moment could well reshape U.S. politics.Science News You Might Have Missed in 2017Birds barter shrewdly, jellyfish sleep brainlessly, and researchers raise their statistical standards: Science columnist Faye Flam shares her favorite overlooked stories from the year past.Ritholtz's ReadsProfiting from investors' mistakes (Barron's)Visualizing the net worth of Americans by age (Four Pillar Freedom)There's never been a better time to buy a $50 million Manhattan dream pad (Quartz)(Read Barry Ritholtz's full daily news roundup here.) Bloomberg GadflyGadfly's 2017 toast to the departedSome observations on Asia tech in 2017A hedge fund makes $2.4 billion for hanging in there(Read more from BV's sister site for fast business commentary.)Bloomberg L.P. ● 731 Lexington Avenue, New York, NY 10022Web ● Facebook ● TwitterFeedback ● Unsubscribe

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